Discount
Dollar General Market | New 15-Yr. NNN with Increases
Oak Ridge Hwy. & Guinn Rd., Knoxville, TN 37931
Listing Price: $2,747,000
Cap Rate
6.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Absolute Net
Rent Per Square Feet
$13.75
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Knoxville, Tennessee.
Dollar General Market | New 15-Yr. NNN with Increases
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 56,700 Residents in Rapidly Growing Knoxville Suburb
- Strong Average Household Incomes in Excess of $118,000 within 1 and 3 Miles
Exclusively Listed By
Broker of Record
Financing By
Discount
Dollar General Market | New 15-Yr. NNN with Increases
Listing Price: $2,747,000
Cap Rate
6.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Absolute Net
Rent Per Square Feet
$13.75
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated 'BBB' by S&P
- Dollar General is the Nation's Largest Retailer with 19,700+ Stores
- Brand New 2024 Construction on an Oversized Parcel
- Serving Over 56,700 Residents in Rapidly Growing Knoxville Suburb
- Strong Average Household Incomes in Excess of $118,000 within 1 and 3 Miles
Investment Overview
Marcus & Millichap is pleased to present the Dollar General Market in Knoxville, Tennessee.
Exclusively Listed By
Broker of Record
Financing By
